Lakshmi Mills Company

What Lakshmi Mills Company does

The Lakshmi Mills Company Limited is a publicly listed Indian textile manufacturer founded in 1910 in Coimbatore, Tamil Nadu, and headquartered at 686 Avinashi Road. The company produces cotton and blended yarns along with grey, processed, and dyed fabrics for downstream apparel, home textile, uniform, and medical textile manufacturers. Operations are anchored by two manufacturing facilities — Palladam (established 1959, 73,728 spindles, ~11 tons/day) and Kovilpatti (established 1941, 66,912 spindles, ~12 tons/day) — giving a combined installed capacity of 140,640 spindles producing approximately 23 tons of yarn per day. The workforce exceeds 2,000 people, and the company holds ISO 9001, OEKO-TEX, GOTS, BCI, GRS, OCS, and licenses for premium specialty fibers including Lenzing Modal, TENCEL, Supima, Egyptian Cotton, X-Static silver, and Tanboocel bamboo.

Lakshmi Mills generates revenue primarily through one-time B2B sales of yarn and fabric to domestic Indian manufacturers and export markets, with pricing determined on a quote basis rather than published list rates. The product portfolio spans commodity 100% cotton and polyester-cotton (PC/CVC) yarns in counts from Ne 30s to Ne 120s, premium specialty yarns (Modal, Tencel, Bamboo, X-Static silver-infused), and downstream fabrics including grey fabrics, bleached and mercerised processed fabrics, custom-dyed apparel and bed linen (180-600 thread count), uniform fabrics, and Airjet/Sulzer woven constructions. The company sells through a direct sales-led motion with no disclosed named customer logos, serving a horizontal mix of apparel, home textile, uniform, medical textile, and premium specialty textile manufacturers across India and export geographies.

For FY2025-26, the company reported annual standalone sales of Rs 241.83 crore, down 8.11% year-over-year, with a widening full-year net loss of Rs 15.55 crore (versus Rs 4.68 crore loss in the prior year). Q4 FY2025-26 showed a sequential turnaround to Rs 1.92 crore net profit from a Rs 0.66 crore loss in the comparable prior-year quarter, despite Q4 sales of Rs 66.24 crore declining 6.11% YoY. The company is regulated by SEBI under LODR Regulations 2015 and trades on Indian stock exchanges under the symbol LAKSHMIMIL, with control resting across multiple generations of the founding Naidu family.

Name

Lakshmi Mills Company

Legal name

THE LAKSHMI MILLS COMPANY LIMITED

Website

https://lakshmimills.com

Company type

Public

Founded year

1910

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Lakshmi Mills Company Limited is a publicly listed Indian yarn and fabric manufacturer founded in 1910, operating two Tamil Nadu facilities with 140,640 spindles producing ~23 tons of yarn daily for B2B apparel, home textile, uniform, and medical textile customers in India and export markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Coimbatore

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Yarn and Fabric Manufacturing: Lakshmi Mills generates revenue through manufacturing and selling yarn (100% cotton, polyester blends, modal, tencel, bamboo, X-Static yarns) and fabrics (grey fabrics, processed fabrics, dyed fabrics, bed linen, uniforms, medical textiles). Sales declined 6.11% YoY to Rs 66.24 crore in Q4 March 2026, with annual sales falling 8.11% to Rs 241.83 crore.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Lakshmi Mills manufactures and sells a diversified range of yarns (100% cotton, polyester-cotton blends, CVC, Modal, Tencel, Bamboo, X-Static silver-fiber, Egyptian and Supima premium cotton) and woven fabrics (grey, processed, dyed, bed linen, uniform fabrics, cotton lycra, airjet/sulzer, and medical textiles). The company operates two ISO 9001-certified spinning facilities in Tamil Nadu with a combined capacity of 140,640 spindles producing approximately 23 tons of yarn per day for apparel, home textile, uniform, and medical textile manufacturers in domestic and export markets.

Product overview

Lakshmi Mills Company is a textile manufacturing company offering a diversified portfolio of yarn and fabric products. The core offerings include three main categories: (1) Yarns - ranging from commodity 100% cotton, polyester blended, and PC/CVC blended yarns to premium specialty yarns including Modal, Tencel, Bamboo, and X-Static silver-infused antibacterial yarns; (2) Fabrics - encompassing grey fabrics, processed/dyed fabrics, bed linen, uniform fabrics, and specialized Airjet/Sulzer woven fabrics; and (3) Medical Textiles - hospital and healthcare products incorporating X-Static fiber technology. The company operates two manufacturing facilities in Palladam and Kovilpatti, Tamil Nadu, with a combined capacity of over 140,000 spindles producing approximately 23 tons of yarn daily. The product portfolio serves both domestic and export markets across knitting and weaving applications.

Differentiator

Problem solved

Functional benefit

Products and services

• 100% Cotton Yarns
• Polyester Blended Yarns
• PC Blended Yarns
• CVC Yarns
• PC Slub Yarns
• Modal and Micro Modal Yarns
• Tencel Yarns
• Bamboo Yarns
• X-Static Yarns
• Premium Cotton Yarns (Egyptian and Supima)
• Grey Fabrics (100% Cotton)
• Grey Fabrics (PC Blends and CVC)
• Cotton Lycra Fabrics
• Processed Fabrics
• Dyed Fabrics
• Bed Linen
• School and Corporate Uniform Fabrics
• Airjet and Sulzer Fabrics
• Medical Textiles and Hospital Products

Quantifiable outcome

• 23 tons of yarn produced per day combined capacity
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Vardhman Textiles Limited: One of India's largest integrated textile manufacturers, producing yarn, fabric, and sewing thread. Highly comparable as a publicly listed Indian spinning and fabric manufacturer with similar product range and B2B customer base.
• Nahar Spinning Mills Limited: Indian cotton and blended yarn manufacturer with integrated spinning and fabric capabilities. Comparable in product range, customer base (apparel manufacturers), and family-promoted listed structure.
• Sutlej Textiles and Industries Limited: Indian yarn and fabric manufacturer producing cotton, blended, and synthetic yarns for domestic and export markets. Comparable in spinning capacity, product mix, and B2B customer segments.
• Trident Limited: Indian integrated textile manufacturer producing yarn, terry towels, bedsheets, and paper. Comparable in yarn manufacturing scale and home textile product portfolio to Lakshmi Mills' bed linen segment.
• Arvind Limited: Large Indian textile manufacturer producing denim, woven fabrics, and specialty yarns. Comparable in fabric manufacturing capabilities and B2B sales to apparel brands, with similar global certification portfolio.
• Sangam India Limited: Indian textile manufacturer producing PV dyed yarn, cotton yarn, and readymade garments. Directly comparable as a listed Indian spinning and fabric manufacturer with similar export-oriented B2B model.
• Precot Limited: Indian cotton yarn and fabric manufacturer with strong presence in premium cotton products. Notably, Ashwin Chandran, CMD of Precot, also serves as Independent Director on Lakshmi Mills' board, reflecting direct comparability.

Others

• Lakshmi Machine Works Limited: India's largest textile machinery manufacturer and a related-party company (CMD S. Pathy holds directorship). Provides enabling equipment and technology to textile mills including Lakshmi Mills' own operations.

Broad incumbents

• Century Textiles and Industries Limited: Diversified Indian conglomerate with textile operations spanning yarn, denim, and garments. Comparable in legacy textile manufacturing and B2B fabric supply, though broader in scope beyond spinning mills.
• Welspun Living Limited: Major Indian home textile manufacturer producing towels, bedsheets, and rugs with global retail brand relationships. Comparable in home textile and bed linen product categories that overlap with Lakshmi Mills' offering.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Customer concentration

• Facebookfacebook.com/lakshmimillsindia
• LinkedInlinkedin.com/company/lakshmimills-company-limited

Compliance13 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lakshmi Mills Company